They (whoever they are) have said that the recession was over a while ago because the stock market said so. Well the stock market works for the rich people, because down here on Main Street, we are still waiting for the recession to be over. And since we the people on Main Street have the dubious honor of being the main drivers of our CONSUMER driven economy, it would stand to reason that we world be the group to determine when our recession is over. The so called “recovery” that “they” talk about, is in reality a JOBLESS recovery for us folks down here on Main Street. Which means no jobs, no consuming. Which means less jobs, less confidence and Stock Market takes a hit. When you see the direct line of consequences, you would think that someone in charge would wake up and say “How about we concentrate on creating jobs to make this a strong recovery?” But no, that would be too easy. Instead, over in D.C., they are still talking about cutting more programs that only affect the more unfortunate among us. It boggles the mind.
Read the Article at HuffingtonPost
Stocks Fall Roughly 2 Percent Amid Fears That Recovery Is Slowing
02 Thursday Jun 2011
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